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20121124
20121124
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CNNW 2
CSPAN 1
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KGO (ABC) 1
KNTV (NBC) 1
KOFY 1
KPIX (CBS) 1
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Search Results 0 to 10 of about 11
FOX News
Nov 24, 2012 7:30am PST
's a boring pick. >> brenda: cavuto on business. >> david: ready to go fiscal cliff diving? apparently a lot of businesses and shoppers are already afraid of the fall. i'm charles payne in for neil cavuto. with the holiday shopping season underway a lot of consumers are saying no way. and more than half saying the uncertainty around the fiscal cliff will impact their spending and job creators are cutting back on spending and a bad deal for the economy? well, let's ask. ben stein, dagen mcdowell, charlie gasperino and gary k. want to start with you. bad deal for all of us? >> of course, look, business investment was already down last quarter over 1%, and the word uncertainty just pervades the air and its business, its consumer, how about philanthropic organizations don't no what kind of write-offs for charity and the worst the outcome is probably going to be more, and taxes are going to go up and of course there will be no spending cuts. >> and ben, it does sound ominous, even if you're not someone who reads the wall street journal, the fiscal cliff, fiscal cliff, it could be the-- i don't kn
CNN
Nov 24, 2012 10:00am PST
is so important, how do you resolve this fiscal cliff is incredibly important in terms of businesses knots only have uncertainty removed, but actually feeling like they'll be a better environment going forward. if that happens, then you can finally see more hiring and more investing and ultimately that's what gets the economy going at a rate that we haven't yet enjoyed so far in this recovery. >> so why? why then, dan, are we feeling this way? you share the view that we are not -- you're not done with the fiscal cliff. we're not going to suddenly solve our fiscal problems. we certainly haven't been talking enough on the spending side. there seems to be movement toward the idea that some people's taxes will go up at the high end. middle class won't see much of a tax increase. why the optimism? are we justified? >> well, i think the typical consumer is not like you and me and our other guests here. the typical median income is $60,000 a year for a family. they're not getting a lot of money from capital gains and dividends. they're not freaked out at the prospect of those going up. they
FOX News
Nov 24, 2012 7:00am PST
. >> and talking about yoga pants tomorrow. >> brenda: forget the fiscal cliff. is the union clash with businesses a bigger threat to jobs? from protesting wal-mart on the busiest shoppings day of the year and targeting one frt busiest u.s. airports on one of the busiest travel days of the year. we'll see big labor's travel play, a blow to a chance for anyone's recovery. hi, everyone, i'm brenda buttner, this is bulls and bears, and here we go the bulls and bears, gary b smith, tobin smith, jonas max ferris along with jim la camp and steve murphy, welcome to everybody. jim, growing union clashes with job creators, growing concerns about jobs? >> absolutely. look, every time you make it harder for an employer to hire somebody they're going to hire less people. we're already seeing it in the jobs numbers. look, obamacare has already cost a tremendous amount of jobs and since the president was reelected and it became apparent that obamacare was coming back in, we've seen the layoffs accelerate and now the unions are trying to kick businesses at a time when businesses are hurting and at a time when th
ABC
Nov 23, 2012 6:00pm PST
's working because she may be facing a spike in taxes in the new year. the so called fiscal cliff. about half of the small businesses pay taxes at a 35% rate. so without a tax deal, rates could spike to 42% n addition she is postponing orders for bring merchandise. >> we've had to small a bunch of stouf make sure it's going to be okay for next season. >> did that hurt you?. >> absolutely. bigger stores able to carry out the lines you know they get them earlier than we do. we follow them out so, long. >> small business owners worried whether they'll northbound business next year. this is one of them. >> you don't want to lose it all after 30 years in business. that would be a terrible thing. there is a lot of small business owners are single. >> small business owners feeling the squeeze of deep discounting by large national chains that set up shop on main streets once domain on small business. >> everyone talking about black friday and about 50, 60% of. you can't compete. >> i cannot do that. people want to stay away from malls. they don't want any part of it. that is what saved me. >> wlak fr
KOFY
Nov 23, 2012 9:00pm PST
because she may face a spike in taxes in the new year. fiscal cliff. about half of all small businesses pay taxes at a 35 percent rate. but without a new tax deal the rate would spike to 42 percent. so in addition to not hiring help she is postponing orders for spring merchandise. >> we have had to pretty much stall a bunch of stuff to make sure that it is going to be okay for the next season. >>reporter: does that hurt you competitively. >> absolutely. i think the bigger stores able to carry out the spring lines they get them earlier than we do because we stall them out for so long. >>reporter: small business owners are worried whether they will even be in business next year. isabel is one of them. >> don't want to lose it after 30 years in business. be a terrell thing. we have to support ourselves. a lot of small business owners are single you necessity. maybe they don't have another helping them. >>reporter: small business owner feeling the squeeze of deep discounting by large national chains. some of the chains set up shop on the main streets of the bay area once the do
CBS
Nov 24, 2012 5:00am PST
they are worried, they are actually worried about the fiscal cliff and the implication. is that something you're hearing from a lot of small businesses that this whole, you know, this whole bottleneck in washington could concern them? >> well we certainly see this more anxiety as the clock counts down the fiscal cliff. i think the words coming out of washington are more positive than they've been in the past few years and more productive and despite that uncertainty we're finding that consumers are planning to spend 2% or 3% more this holiday season. i think if that gets settled sooner than later you'll see a big pick up in spending and consumer confidence. >> i heard some small businesses say look we'll put off hiring until we know washington has worked all of this out. >> i think that's an important point. small businesses are cautious. we also know small businesses account for almost half the employment in the united states today. they account for two-thirds of the job creation. we have a problem with jobs because small businesses are cautious. the more we can do to h
CNN
Nov 24, 2012 7:00am PST
to work this week. very busy, of course. top of the agenda, the fiscal cliff. 38 days and counting. in fact, that's how long we have until the country hits the so called fiscal cliff when automatic spending cuts go into effect. it is main focus in washington. maria cardona and amy holmes are back with me now to talk about this. saxby chambliss lashed out at grover nordqvist. nordqvist and his group are the ones that pushed that no new taxes pledge signed bay majority of republicans in congress. here's what chambliss says. i care more about my country than i do a 20-year-old pledge. he's willing to let the political consequences take care of themselves. raising taxes has been at the center of the fiscal cliff dispute. democrats demanding it. republicans saying no way. so amy, is this a sizable crack in the republican armor? >> we are seeing that the two sides are going to need to negotiate if we don't go over the fiscal cliff. i would point out that patty murray, a democratic senator from washington state says we should go over it, certainly in contrast to the rest of her party. so
NBC
Nov 24, 2012 5:00am PST
. lawmakers need to hammer out a deal to prevent the so called fiscal cliff. deep spending cuts and tax hikes set to take effect next year. >> i think we're all aware that we have some urgent business to do. >> reporter: after a meeting at the white house last week, congressional leaders struck a rare tone of bipartisanship. >> we had a very constructive meeting with the president. >> we feel very comfortable with each other. >> reporter: but a major sticking point remains -- taxes. president obama wants to let the bush era tax cuts expire for the wealthiest americans. many republicans still oppose that idea. aides have been trying to work out a compromise. >> none of this is pretty. it's actually ridiculous. pretty dysfunctional politics. we've set this crazy trap for ourselves and we're about to inflict a wound on our economy that really doesn't need that. >> reporter: in addition, the fragile cease fire looms large in the middle east. some analysts say this could be an opening for mr. obama to engage more actively in a middle east peace process, something he failed to do during his first t
FOX
Nov 24, 2012 7:00am PST
to avert the fiscal cliff. the news reports the first projected budget surplus in a decade could turn into an 11 billion-dollar deficit. economists economists predict it would throw the economy into chaos triggering another recession. . many to 90% of california residents would see taxes go up. >> the cliff could also endanger the future of charities. nonprofit organizations are telling washington they can't survive if their funding is slashed. congress is considering a proposal that would cut from 35 to 28% the amount wealthy americans could write off in donations. >> a 1% decline in giving to american higher education would result in a loss of $300 million a year to colleges and universities. >> they have launched a new lobby including a website asking charities to contact their members of congress. >> the turkeys that didn't go to the thanksgiving table will be dished up because of the south of market store. more than 200 of their unsold fresh turkeys were frozen and donated to saint anthony's. they provide food for homeless, seniors and the working poor. they said that the nee
CSPAN
Nov 24, 2012 2:00pm EST
on top of that. the fiscal cliff elapsing tax cuts. the second piece is the sequestration. $100 billion a year being sequestered from the increases in the budget. these are not cuts the way you or i think of cuts. these are budget increasing not as rapidly as the various agencies will buy them to. the $2 billion of that is out of national defense and $30 billion of that at the domestic discretionary -- $50 billion of that is out of national defense and $50 billion of that is domestic discretionary. will the republicans keep obama on a short leash and give him an allowance every month in return for better behavior or will they give him a debt ceiling that goes along time? what will happen? one option is looked to history. two years ago we faced exactly this situation, the 2001 2003 tax cuts all lapsed. we had a republican house coming in, and democratic senate and democratic president. why would that not the way you do? obama says i will hold my breath until i turn blue and stamp my feet. 2 years ago he said he did not want to raise taxes on small businesses because it would damage the e
FOX Business
Nov 24, 2012 4:00am EST
and effectiveness reemerge from washington, d.c., on the fiscal cliff? >> zero. lou: i thought that. >> if we can keep the current tax rates, we would continue to increase government revenue. ineasing 26% under the bush tax rates over the last two years. over the last two years, government revens have risen 26%, almost a quarter using the buss tax rates. low tax rates brg more revenues, not less revenues. lou: do you interpret all of the drama to be a lack of faith? in front of the growth model that has been demonstrated, as you point out, over the past two years. they are really saying the economy cannotrow fast enough to support the government. we will not see revenue increase unless we raise taxes. >> that is correct. the pre-verse thing is you don't get growth if you raise tax rates. in california d several other states that top rate is approaching 50% effectively with a 50% top rate, a business have as much incentive to fire somebody to lower-cost as to hire somebody to increase revenues. lou: it is a high risk experiment, but nonetheless experint bringing tax levels above 50%, the nation ri
Search Results 0 to 10 of about 11